GMS Balance Sheet Health
Financial Health criteria checks 4/6
GMS has a total shareholder equity of $1.5B and total debt of $1.2B, which brings its debt-to-equity ratio to 82.1%. Its total assets and total liabilities are $3.9B and $2.4B respectively. GMS's EBIT is $411.1M making its interest coverage ratio 5.2. It has cash and short-term investments of $55.5M.
Key information
82.1%
Debt to equity ratio
US$1.21b
Debt
| Interest coverage ratio | 5.2x |
| Cash | US$55.47m |
| Equity | US$1.47b |
| Total liabilities | US$2.42b |
| Total assets | US$3.89b |
Recent financial health updates
Is GMS (NYSE:GMS) A Risky Investment?
Apr 08
These 4 Measures Indicate That GMS (NYSE:GMS) Is Using Debt Reasonably Well
Dec 21GMS (NYSE:GMS) Has A Pretty Healthy Balance Sheet
Aug 15Here's Why GMS (NYSE:GMS) Can Manage Its Debt Responsibly
Mar 29Here's Why GMS (NYSE:GMS) Can Manage Its Debt Responsibly
Dec 09Recent updates
An Intrinsic Calculation For GMS Inc. (NYSE:GMS) Suggests It's 27% Undervalued
Nov 13GMS Inc. (NYSE:GMS) Looks Inexpensive But Perhaps Not Attractive Enough
Oct 31Is Now An Opportune Moment To Examine GMS Inc. (NYSE:GMS)?
Oct 03GMS Effectively Paddles Through Industry Challenges
Sep 10GMS Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Sep 01GMS Inc.'s (NYSE:GMS) Intrinsic Value Is Potentially 87% Above Its Share Price
Aug 09GMS Inc.'s (NYSE:GMS) Low P/E No Reason For Excitement
Jul 26Should You Think About Buying GMS Inc. (NYSE:GMS) Now?
Jun 20The Return Trends At GMS (NYSE:GMS) Look Promising
Jun 05GMS Inc.'s (NYSE:GMS) Intrinsic Value Is Potentially 61% Above Its Share Price
Apr 22Is GMS (NYSE:GMS) A Risky Investment?
Apr 08Should You Think About Buying GMS Inc. (NYSE:GMS) Now?
Mar 16GMS (NYSE:GMS) Is Looking To Continue Growing Its Returns On Capital
Feb 24An Intrinsic Calculation For GMS Inc. (NYSE:GMS) Suggests It's 33% Undervalued
Jan 10Improved Earnings Required Before GMS Inc. (NYSE:GMS) Stock's 27% Jump Looks Justified
Dec 28These 4 Measures Indicate That GMS (NYSE:GMS) Is Using Debt Reasonably Well
Dec 21GMS Stock: Mixed Q2 Results Keep Us On The Fence
Dec 14Is GMS Inc. (NYSE:GMS) Potentially Undervalued?
Dec 03Are Investors Undervaluing GMS Inc. (NYSE:GMS) By 37%?
Sep 29GMS Continues To Perform In Adverse Market Conditions
Sep 14Does GMS (NYSE:GMS) Deserve A Spot On Your Watchlist?
Sep 11Is It Time To Consider Buying GMS Inc. (NYSE:GMS)?
Aug 29GMS (NYSE:GMS) Has A Pretty Healthy Balance Sheet
Aug 15Investors Shouldn't Overlook GMS' (NYSE:GMS) Impressive Returns On Capital
Aug 03Upgrade: Analysts Just Made A Notable Increase To Their GMS Inc. (NYSE:GMS) Forecasts
Jun 28GMS: Impressive FQ4 2023 Earnings, Showcasing Strong Growth And Profitability
Jun 23GMS Inc.'s (NYSE:GMS) Intrinsic Value Is Potentially 28% Above Its Share Price
Jun 06At US$64.42, Is GMS Inc. (NYSE:GMS) Worth Looking At Closely?
May 22Should You Be Adding GMS (NYSE:GMS) To Your Watchlist Today?
May 10Returns Are Gaining Momentum At GMS (NYSE:GMS)
Apr 27Here's Why GMS (NYSE:GMS) Can Manage Its Debt Responsibly
Mar 29A Look At The Fair Value Of GMS Inc. (NYSE:GMS)
Feb 22Is Now The Time To Look At Buying GMS Inc. (NYSE:GMS)?
Feb 09GMS Inc.: Stock Seeks To Outperform Peers With New Product Offerings
Jan 19The Trend Of High Returns At GMS (NYSE:GMS) Has Us Very Interested
Jan 12GMS acquires Tanner Bolt and Nut, opens ceilings-focused greenfield site
Jan 03Here's Why GMS (NYSE:GMS) Can Manage Its Debt Responsibly
Dec 09GMS Q2 2023 Earnings Preview
Dec 07GMS Inc. (NYSE:GMS) Shares Could Be 39% Below Their Intrinsic Value Estimate
Nov 23At US$45.40, Is It Time To Put GMS Inc. (NYSE:GMS) On Your Watch List?
Nov 07Financial Position Analysis
Short Term Liabilities: GMS's short term assets ($1.6B) exceed its short term liabilities ($708.2M).
Long Term Liabilities: GMS's short term assets ($1.6B) do not cover its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: GMS's net debt to equity ratio (78.3%) is considered high.
Reducing Debt: GMS's debt to equity ratio has reduced from 160.1% to 82.1% over the past 5 years.
Debt Coverage: GMS's debt is well covered by operating cash flow (33.5%).
Interest Coverage: GMS's interest payments on its debt are well covered by EBIT (5.2x coverage).